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Royal Road Minerals Announces New Environmental License and Provides Operations Update; La Golondrina Gold Project, Narino Province, Colombia
TORONTO, ON / ACCESSWIRE / April 27, 2016 / Royal Road Minerals Limited (TSXV:RYR) (the "Com...
About this update from Royal Road Minerals Limited
[{"type":"text","content":"Royal Road Minerals Announces New Environmental License and Provides Operations Update; La Golondrina Gold Project, Narino Province, ColombiaTORONTO, ON / ACCESSWIRE / April 27, 2016 / Royal Road Minerals Limited (TSXV:RYR) (the \"Company\"), a gold focused mineral exploration and development company, is pleased to announce that pursuant to Resolution No 241 dated April 5th 2016 a new Environmental License (\"EL\") has been issued for the La Golondrina gold project by the Regional Environmental Corporation of Nariño Province (Corponariño). The Company is also pleased to provide an operational update on its exploration activities and planned drilling program at La Golondrina. \nThe EL provides necessary environmental permits for ongoing gold production at La Golondrina, which includes drill-testing and infrastructure and underground mine development as outlined in the technical approval of the projects work program (PTO), issued by the Colombian National Mining Agency (ANM). Before exploration drilling can commence at La Golondrina, formal resolution of the PTO is to be issued and a drilling plan is to be filed (not requiring approval) with Corponariño.\nAn initial scout diamond drilling program of between 1000 and 1500 meters is planned at La Golondrina. This will be the first drilling program to be conducted at the project with drilling expected to commence by August of this year. Holes will target known vein and vein-zone occurrences close to the intrusive contact with adjacent metasomatic hornfels, along strike extensions of this zone as indicated by ground magnetic data and other high-grade gold mineralized vein occurrences corresponding to magnetic and IP chargeability anomalies (see maps, diagrams and explanation in Figure 1). \nImage: https://www.accesswire.com/uploads/20292_rrm.ht1.jpg\nTo view an enhanced version of Figure 1, please visit: \nhttps://www.accesswire.com/uploads/20292_rrm.ht2.jpg\nAt the Company's La Redención project, surveying, saw-cut channel sampling and mapping of underground workings is currently underway.\n\"The new EIA is a significant step-forward for La Golondrina\" said Dr Tim Coughlin, President and CEO of Royal Road Minerals \"for the immediate term, our focus is obviously on initial drill-testing of La Golondrina but, if successful, we look forward to working closely with ...